BUSINESS
Uber to Continue Investing in India Market Amid Digital and Infrastructure Push
"We believe the demographic dividend that India enjoys, the digitisation that is happening at scale and the infrastructure creation-all of them are tailwinds for categories which we operate in," Singh said IANS on sidelines of an event here.
ITR Filing: Income Tax Filers Increase by 120% from 2014 to 2024, Sources Reveal
Returns filed in this income group increased from 1.85 lakh individuals in 2014 to 9.39 lakh in 2024; such an increase is attributed to the sources as resultant of enhanced compliance amongst this particular group.
India Set to Overtake Japan in GDP Ranking by 2025
The article appeared in the Japan Times, which drew its findings from interviews with a few Japanese economists, among them Marcel Thieliant head of Asia-Pacific for Capital Economics.
Gold Drops by Rs 50 to Rs 77,750 per 10 gm; Silver Rises by Rs 1,200
On Tuesday, the yellow metal of 99.9 per cent purity had closed at Rs 77,800 per 10 grams.
India's Festive Season Sales Surge 12% to Rs 1.18 Lakh Crore, Driven by Smaller Cities
According to the report by Redseer Strategy Consultants, the growth was driven by resilient consumer spending across categories, including quick commerce, electronics, fashion, BPC, home furnishings, and groceries.
Elon Musk's Starlink Still Uncompliant with Security Norms for Satcom License, Says Scindia
The satellite communication services major is in the process of completing all the requirements and will get a license once they complete the process, the minister added.
India Joins Top 6 Global Ranks as Patent Filings Double in Last 5 Years
For the first time, India has taken the top 10 countries of the world on the back of three major intellectual property rights-patents, industrial design applications, and trademark applications. Patent filing in India showcased its fifth consecutive year of double-digit growth rate.
Vistara-Air India Merger Takes Flight, Group Set to Operate 300 Aircraft
Post-merger, Air India Group will operate a combined fleet of 300 aircraft covering 55 domestic and 48 international destinations, with 312 routes and 8,300 flights per week. The collective staff strength stands at over 30,000 now.
India's Public Sector Banks Record 11% Growth, Reaching Rs 236 Lakh Crore in H1 FY25
India's overseas credit and deposit portfolio increased by 12.9% and 9.5% year on year, respectively, and had reached Rs 102.29 lakh crore and Rs 133.75 lakh crore, said a statement issued by the Ministry of Finance.
India's Industrial Production Grows by 3.1% in September
According to an official statement, the top three positive contributors in the manufacturing sector for September 2024 are - 'Manufacture of coke and refined petroleum products' with 5.3 per cent, 'Manufacture of basic metals' with 2.5 per cent, and 'Manufacture of electrical equipment' with 18.7 per cent.
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